HomeMy WebLinkAbout981831.tiff RESOLUTION
RE: DISTRIBUTION OF BANKHEAD-JONES FUNDS FOR 1998
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS, the Board of County Commissioners of Weld County, Colorado, has
adopted a policy that Bankhead-Jones Funds for fiscal year 1998, will be distributed to the Weld
County Public Works Fund and the affected school districts (RE-2, RE-9, RE-10J, RE-11, and
RE-12) on the basis of a 50/50 percent split, after one percent of said funds have been taken off
for CCI lobbying purposes, and
WHEREAS, the Director of Finance and Administration has prepared Exhibit "A"
attached hereto and incorporated herein as part of this Resolution, showing the calculation of
the distribution of Bankhead-Jones Tenant Act Funds to the Public Works Fund and School
Districts RE-2, RE-9, RE-10J, RE-11, and RE-12.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the Bankhead-Jones Funds shall be distributed to the County Public
Works Fund and School Districts RE-2, RE-9, RE-10J, RE-11, and RE-12 as more fully set forth
in Exhibit "A" attached hereto and incorporated herein as reference.
BE IT FURTHER RESOLVED by the Board that the Director of Finance and
Administration be directed to prepare County warrants payable to the above school districts for
Bankhead-Jones Funds in the amounts listed on Exhibit "A".
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 5th day of October, A.D., 1998.
BOARD OF COUNTY COMMISSIONERS
WELD C UNTY, COLORADO
ATTEST: Li) ; / '�; lj: ir
G orge E. axter, Chair
Weld County Cler kb
.rir9 O� L XL-1-ex-#7
: onstance L. Harbe -Tem
Deputy Clerk to t •a ;- Dale K. Hall
APP D AS ORM: 4
arbara J. Kirkmeye un y Atto ey 11 )2_,ehlki 1
W. H. We ster
R 981831
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EXHIBIT "A"
DISTRIBUTION OF BANKHEAD-JONES TENANT ACT FUNDS
1998
Total Revenues Received $ 75,187.34
Less: 1% CCI Lobbying Costs 751.87
Proceeds to be divided $ 74.435.47
County Public Works $ 37,217.74
School Districts 37,217.73
Total Allocation $ 74.435.47
School District Distribution:
District Number Acreage Percent Amount
RE-2 10,880 5.24 $ 1,950.21
RE-9 43,461 20.94 7,793.39
RE-10J 39,500 19.03 7,082.53
RE-11 60,038 28.93 10,767.09
RE-12 53.680 25.86 9.624.51
207.559 100.00 $ 37,217.73
981831
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